The Philippine Competition Commission has implemented compulsory merger control, while other Philippine antitrust provisions await full application.
The world’s 12th most populous nation joins the global antitrust community -
Last summer the Republic of the Philippines became one of the last APEC Member Countries to adopt a comprehensive modern antitrust law. Although some limited competition provisions could be found lurking in diverse corners of Philippine law, they were rarely enforced. The Philippine Competition Act (PCA), which became effective on August 8, 2015, provides a comprehensive antitrust enforcement regime with prohibitions on the same broad range of anticompetitive practices that has become the baseline for antitrust law in over 130 global jurisdictions: anticompetitive agreements, abuse of a dominant position and anticompetitive structural transactions. The PCA also creates a new enforcement agency, the Philippine Competition Commission (PCC), and provides both administrative and criminal remedies for infringements.
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